News Corp. Split: Board Approves Breaking Company In Two

NEW YORK -- The board of directors at Rupert Murdoch's News Corp. has approved a plan that calls for splitting the global media conglomerate into two separate companies, one holding its newspaper business and another its entertainment operations, The Wall Street Journal reported late Wednesday.The Journal, which is News Corp.'s flagship newspaper, cited a person familiar with the situation saying the board voted unanimously to approve the plan.

Topics:  york    the   rupert murdoch's news   wall street journal   journal   fox news   news   corp   split   board   plan   
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